The Trump Organization has quietly sold off one of the president’s last remaining Los Angeles homes for $13.5 million.

According to the Washington Post, Donald Trump Jr. signed the deal that would transfer the Beverly Hills mansion to a company registered in the British Virgin Islands called Hillcrest Asia Ltd. The Tudor-style home in Beverly Hill was purchased by the Trump Organization for $7 million back in 2007. At the time, President Donald Trump still controlled the organization; at the start of his presidency, he relinquished leadership to his two sons Donald Jr. and Eric.

The two-story home was built in 1927 and has five bedrooms and six bathrooms across 5,395 square feet. The property also has a swimming pool and a large manicured lawn on the front.

Google Earth

While few details about the off-market sales have been made available to the public, Eric Trump told the Real Deal Los Angeles that the house wasn’t used much anymore.

“Given my father’s presidency and our hectic schedules, our family has not had the chance to enjoy the property in recent years and it has seen minimal use,” he said “As such, it simply made sense to sell.”

Trump also owned a second house on the same block, which he sold for $10.3 million in 2008.  The latest Beverly Hills mansion had been assessed at $8.3 million — as a result, the steep sales price puzzled at least one L.A. agent.

“Seems a little rich, to be perfectly frank,” Luis Pezzini, the chief executive of Pezzini Luxury Homes in West Hollywood, told the Washington Post. “Unless there’s something spectacular about this [house] that I’m missing.”

Email Veronika Bondarenko

How do you stay ahead in a changing market? Inman Connect Las Vegas — featuring 250+ experts from across the industry sharing insight and tactics to navigate threat and seize opportunity in tomorrow’s real estate market. Join more than 4,000 top producers, brokers and industry leaders to network and discover what’s next, July 23-26 at the Aria Resort. Hurry! Tickets are going fast, register today!

Thinking of bringing your team? There are special onsite perks and discounts when you buy tickets together. Contact us to find out more.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×